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Dec 7, 2013
12/13
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that is an encouraging sign for the economy. and the unemployment rate dropped to the lowest in five years. the s&p 500 was up at 1805. the dow jones industrial average, rising to 16,020. the nasdaq composite index right rising at 4062. let's check some of the top stories for the hour. honorhedule of events to nelson mandela has been released. the south african president has declared it a day of her question. they'll be followed tuesday by memorial service. nelson mandela died yesterday at the age of 85 years old. he will lie in government buildings until his burial. president obama will be among the dignitaries attending the funeral. willding champion, spain, play a world cup game against the netherlands. it is a repeat of the 2010 final. they hope that brazil faces a relatively easy path. that is after the draw that included x ago. the united states was in the toughest group with germany, portugal, and donna. the normally sun swept texas is called. it is being called ice friday. the national weather service issued ice warnings
that is an encouraging sign for the economy. and the unemployment rate dropped to the lowest in five years. the s&p 500 was up at 1805. the dow jones industrial average, rising to 16,020. the nasdaq composite index right rising at 4062. let's check some of the top stories for the hour. honorhedule of events to nelson mandela has been released. the south african president has declared it a day of her question. they'll be followed tuesday by memorial service. nelson mandela died yesterday at...
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Dec 6, 2013
12/13
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economy. they're 70% of g.d.p. isstronger employment news good. >> do you think that this is going to stick? theory?d is good >> good is good whether it sticks in market is to be seen. we've seen a pickup between stock and bond correlation. earlier in the year we were moving up on stronger trend assumptions. the treasury market was selling off. and stocks could sail through it. recently we have seen a correlation pick up where markets seem to be being fueled expectations and the hope for easy money. so i think you have to look at the week as a whole. up stock market did not go much this week. we had great news all through the week on the macro economic front. not as convincing as other data points like the third quarter g.d.p. >> 3.6 growth isn't convincing? that sounds good. >> the piece that was inventory contribution. very happy with the way the economy is proceeding. i expect it to accelerate from 2% closer to 3% in the coming year. that's negative for treasuries. stocks.itive for but we've got to shake off thi
economy. they're 70% of g.d.p. isstronger employment news good. >> do you think that this is going to stick? theory?d is good >> good is good whether it sticks in market is to be seen. we've seen a pickup between stock and bond correlation. earlier in the year we were moving up on stronger trend assumptions. the treasury market was selling off. and stocks could sail through it. recently we have seen a correlation pick up where markets seem to be being fueled expectations and the...
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Dec 9, 2013
12/13
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the country's economy has reportedly been stronger as they forecast a narrow trade deficit for the u.k.. more on the trade market in 30 minutes. ♪ >> this is "money moves," where we focus on innovative alternative investments. here are your bloomberg top headlines. we are following john paulson, making a comeback after a few years of wrongly invested, his investment fund is up 30% this year, according to people briefed on the returns. profitable positions on m&a are part of the strength. he is best known for making 15 billion dollars by betting against subprime in 2006 and 2007. the new american airlines has taken off, the merger between american and u.s. air officially closed today, creating the world's largest carrier. the new ceo says that flyer should not be worried about the changes. the employees, the airplanes, that is how this merger works. we need all of that. the networks are highly complementary. so, we put the networks together and we have everything we need. the supply is unchanged. if the supply is unchanged and demand remains constant, there should be no changes in pri
the country's economy has reportedly been stronger as they forecast a narrow trade deficit for the u.k.. more on the trade market in 30 minutes. ♪ >> this is "money moves," where we focus on innovative alternative investments. here are your bloomberg top headlines. we are following john paulson, making a comeback after a few years of wrongly invested, his investment fund is up 30% this year, according to people briefed on the returns. profitable positions on m&a are part...
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Dec 6, 2013
12/13
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we need to unleash the potential of this economy. it is considerable. >> you mentioned the jobs report. whatis your biggest worry? is a big concern for you here with jobs? >> the big concern is that we are starting from a situation where the structural components are bad. that speaks to the participation rate and youth unemployment. that speaks to the education and payment cap. it will take time and persistent effort to improve the labor situation. -- hope forhopeful is that the report that we got today is repeated over and over. if that happens, maybe we will be happy. wall street will be happy because the fed will normalize. >> that is a question. we saw a big pop in 10 year yields. managed its communications better? >> yes. we got an e-mail from our desk. the explanation is that this is technical. a lot of people were short. muchtreet does not have appetite for taking risk one way or the other. what you get a short covering. me just follow that if i could. where do we go then? do we see yields rising? >> that is always the risk. t
we need to unleash the potential of this economy. it is considerable. >> you mentioned the jobs report. whatis your biggest worry? is a big concern for you here with jobs? >> the big concern is that we are starting from a situation where the structural components are bad. that speaks to the participation rate and youth unemployment. that speaks to the education and payment cap. it will take time and persistent effort to improve the labor situation. -- hope forhopeful is that the...
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Dec 6, 2013
12/13
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the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult. catholic, what do you see for south africa as they try to move forward? this is a huge issue. >> nelson mandela was a huge, unifying figure. even in the last years of his life, he still helped people together. what will happen among these groups in the coming days and years will be critical. >> when you see south africa, do you perceive that religion still is front and center? i believe that he was in a methodist school coming out of the tribes way back. his religion still important there? >> i think that the anglican church still has a pr
the economy there collapsed. that plays into capitalism. >> when he was elected, many people did not know who he was. we are still learning about him and his time. also, his interactions with the poor. he is someone who is always reached out. >> the phrase that i use is ripped up the script. we just saw images of desmond tutu. the anglican experience against the africana experience in south africa. with in the religion of south africa, there has been so much to mull. -- tumult....
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Dec 6, 2013
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the economy has 200-3000 jobs added last month. -- 200 thousand three -- the economy has 200,000 jobs added last month. more than estimated. and hedge funds are headed for year for the s&p 500 since 2005. bloomberg crunched the numbers and found the average hedge fund return just over seven percent through the end of october. that is 22 percentage points less than the s&p 500 returns. it is the fifth year in a row hedge funds have underperformed. and don't forget, they charged two and 20. and shinzo abe has increased tensions with china over the controversial air zone. they stepped out for in exclusive -- shinzo abe stepped out for an exclusive interview. >> because there are issues, all the more i think there is a need to have a meeting by the heads of state. i always keep my door open for a dialogue and i hope china will adopt the same dance. that is my hope. >> vice president joe biden, who is traveling in asia this week, urged japan and china to set up crisis management mitigation. >> lands and has been called the jewel in sears crown, but it has been a hidden one. buried deep ins
the economy has 200-3000 jobs added last month. -- 200 thousand three -- the economy has 200,000 jobs added last month. more than estimated. and hedge funds are headed for year for the s&p 500 since 2005. bloomberg crunched the numbers and found the average hedge fund return just over seven percent through the end of october. that is 22 percentage points less than the s&p 500 returns. it is the fifth year in a row hedge funds have underperformed. and don't forget, they charged two and...
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Dec 9, 2013
12/13
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>> this is the private economy. slowly recoverying on its own after the blow of late 2008 and early 2009. it is not the result of 0 i want rest rates. it is not the result of 85 billion a month being bought out in the bond market. it is just the slow healing of the economy and the fed should be getting out of the way, letting the market clear interest rates that would reflect real economics and real allocation of capital and risk. >> whether people like you or don't like you or agree with you, i should say, they know that you've got an interesting public policy past. from your vantage point, are fed chairman predictable? do you know as they come in pretty much how they will be or are they like supreme court justices where it's a crap shoot? >> i think now it's very unpredictable because we're in unchartered waters. this qe policy that we have today was inconceiveable even 10 or 15 years ago. they've made it up on the fly month after month meeting after meeting since the crisis of 2008. now they're so deep in the cor
>> this is the private economy. slowly recoverying on its own after the blow of late 2008 and early 2009. it is not the result of 0 i want rest rates. it is not the result of 85 billion a month being bought out in the bond market. it is just the slow healing of the economy and the fed should be getting out of the way, letting the market clear interest rates that would reflect real economics and real allocation of capital and risk. >> whether people like you or don't like you or...
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Dec 9, 2013
12/13
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they are the strongest economy in the eu. down in asia-pacific were two percent, mostly because of japan. they sell their largest decline since february. long return analysts are destructive on mcdonald's. they see international development and product opportunity -- get what you want whenever you want it. as we're seeing with same-store sales, particularly in the u.s. and asia, it is a long battle for the company. they do not have explosive growth that we expect from names like chipotle. >> we have some breaking news about another for -- food merger. sysco will buy u.s. foods. they will be buying u.s. foods for $3.5 billion. getting back to what alix steel was saying about mcdonald's, we have this point that they are on every corner in the united states. people are looking at alternatives to get their food. we talked to the ceo of mcdonald's and this is what he said about the saturation question. >> i would tell you that we're nowhere near saturation. i wish we were on every corner. we are not on every corner yet. we have a
they are the strongest economy in the eu. down in asia-pacific were two percent, mostly because of japan. they sell their largest decline since february. long return analysts are destructive on mcdonald's. they see international development and product opportunity -- get what you want whenever you want it. as we're seeing with same-store sales, particularly in the u.s. and asia, it is a long battle for the company. they do not have explosive growth that we expect from names like chipotle....
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Dec 5, 2013
12/13
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we're standing by for the latest read on the economy. initial jobless claims and personal consumption on deck. we have a jobs report tomorrow. michael mckee has the real deal on the numbers. data, two other central banks have their decisions -- no change on the ecb or the bank of england. >> but it does tell us something. there are implications for both of the banks in making no decisions. the bank of england, their economy is picking up and the government raise their economic nexth forecast to 2.4% year. should that push up inflation, they have a problem. they are already at 2.6%. by doing nothing, the bank of england tells us they do not think inflation will be a problem. across the channel, to the ecb, their problem is inflation is too low. it was at 0.9% in october. their decision says they are staying put and they do not need to take additional action as it did last time with a cut in interest rates, so they are on hold, but we will watch what mario draghi says. they're expected to put out new forecast for the next two years and the
we're standing by for the latest read on the economy. initial jobless claims and personal consumption on deck. we have a jobs report tomorrow. michael mckee has the real deal on the numbers. data, two other central banks have their decisions -- no change on the ecb or the bank of england. >> but it does tell us something. there are implications for both of the banks in making no decisions. the bank of england, their economy is picking up and the government raise their economic nexth...
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Dec 7, 2013
12/13
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it looks like good news for the economy is finally good news for wall street. stocks rose sharply because of a super strong jobs report. american businesses added 2,300 jobs in november, much more than expected, and the nation's unemployment rate fell to 7% even, that's a five-year low. the rally was broad base with all ten sectors of the s&p 500 index on the plus side. today's gains come after five straight losing sessions on fears that a stronger economy would be the cat list for the federal reserve to cut back on the stimulus plan. now it looks like investors and traders believe a growing economy is good news. so here is a look at today's closing numbers. the dow shot up almost 200 points back above the 16,000 level. the nasdaq jumped about 30 and s&p rose 20 points returning to the 1800 mark again. >>> so where are all those jobs, and what do the gains mean for the economy? hampton pearson takes a look. >> just in time for the holidays, tanger outlets opened this 100 million dollar complex with 80 high-end retailers outside washington d.c. in light of today
it looks like good news for the economy is finally good news for wall street. stocks rose sharply because of a super strong jobs report. american businesses added 2,300 jobs in november, much more than expected, and the nation's unemployment rate fell to 7% even, that's a five-year low. the rally was broad base with all ten sectors of the s&p 500 index on the plus side. today's gains come after five straight losing sessions on fears that a stronger economy would be the cat list for the...
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Dec 9, 2013
12/13
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KICU
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the car market is a lot stronger than the overall economy by a considerable margin. and there's a few reasons for that, one of which is the fact interest rates are low." nerad says that's in contrast to the recession years from '07 to '09 when manufacturing was down... which led to a shortage of used cars a couple years later. now that we're coming out of that... and the supply of used cars is more plentiful... nerad says it's more important than ever to find a vehicle with good resale value. he says toyota is the best overall brand in kelly blue book's 2014 best resale value awards. the car maker placed four trucks in the top ten... including the four runner. kelly blue book also named jeep wrangler and chevy camaro as two models distinct enough to earn a spot in the top ten. and nerad said lexus was crowned the luxury brand winner... for the third year in a row. automotive news reports that the industry had its strongest selling rate in more than six years in november... bumped a bit by black friday incentives. thank you diane-- sears is spinning off its lands end
the car market is a lot stronger than the overall economy by a considerable margin. and there's a few reasons for that, one of which is the fact interest rates are low." nerad says that's in contrast to the recession years from '07 to '09 when manufacturing was down... which led to a shortage of used cars a couple years later. now that we're coming out of that... and the supply of used cars is more plentiful... nerad says it's more important than ever to find a vehicle with good resale...
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Dec 5, 2013
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restaurant owners however says they can't raise pay due to weakness in the economy. chuck coppola - picks up the story with more on wage equality.. fast-food workers and others who want their minimum wage jobs to pay more are planning a nationwide strike today. it coincides with our cover story's look at the push to help more americans find jobs that pay enough to support a family. the year-long push for higher wages is gaining support---from san francisco which raised its minimum to 10-55 an hour. to the d.c. council, which is about to send an 11-50 minimum wage bill to washington d.c.'s mayor. wednesday, president obama called income inequality "the defining challenge of our time." "we've got to move beyond the false notion that this is an issue exclusively of minority concern. and we have to reject a politics that suggests any effort to address it in a meaningful way somehow pits the interest of a deserving middle class against those of an underserving poor in search of handouts." while the president spoke, u.s. labor secretary thomas perez toured chicago-based re
restaurant owners however says they can't raise pay due to weakness in the economy. chuck coppola - picks up the story with more on wage equality.. fast-food workers and others who want their minimum wage jobs to pay more are planning a nationwide strike today. it coincides with our cover story's look at the push to help more americans find jobs that pay enough to support a family. the year-long push for higher wages is gaining support---from san francisco which raised its minimum to 10-55 an...
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this is the better reserve snapshot of business conditions and the report indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen. private sector hiring in november, and and 215,000 jobs versus the expected 178,000 green, costing investors to fear the events of the fed's keeper coming sooner rather than later. you can see this picture, for direction the dow jones industrials have crossed the unchanged level 34 times. when you see we are down 59 points off of earlier lows still not anywhere near where we started the day and we want to talk about the s&p 500. the index is down for a fourth recession, losing five points. let's look at what is the. ticker symbol cf soaring after the fertilizer company says it expected to give signi
this is the better reserve snapshot of business conditions and the report indicate the and the economy and manufacturing continued to expand at a, quote, modest to moderate pace. the most upbeat news, manufacturers whose managers say she expanding and russian positive about the near-term future helps stem earlier losses in the market which ironically also cash in after good news from a private employment report, the automatic data processing report in. this is what it showed on your screen....
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adam: is a good economy are good news for the economy good news for the market? why he thinks the taper will be harmless for stocks. cheryl: congress getting in the way of business? uncertainty in washington driving companies to look overseas. that story coming up as "markets now" continues. adam: markets are rallingly on better than expected news out of jobs report. we want to head back to the floor of the new york stock exchange and nicole petallides. the dow is up what, more than 150 points at this point? >> right now 173 points to the upside. 15,994 at highest point. we did cross the 16,000 mark. we are seeing gains. saw better than expected jobs numbers for the month. so that was some good news. and we've got plenty of names hitting all-time highs like google and yep motors. i want to take you to take a look at boston scientific, a name with an up arrow up 4 1/2%. they had their ratings raised to outperform from market perform. that is some good news there over at cowan. the fact that they're working with spinal cord simulator. working with them as well. tha
adam: is a good economy are good news for the economy good news for the market? why he thinks the taper will be harmless for stocks. cheryl: congress getting in the way of business? uncertainty in washington driving companies to look overseas. that story coming up as "markets now" continues. adam: markets are rallingly on better than expected news out of jobs report. we want to head back to the floor of the new york stock exchange and nicole petallides. the dow is up what, more than...
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Dec 4, 2013
12/13
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CNBC
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>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this dislocation, people move past nervousness about the fed, once that all runs its course, the bias remains to the upside for the economy and stocks. >> diane, what your expectations throughout the december fed meeting? does anybody think anything is going to happen then sp. >> i think the fed is going to set the stage for the tapering process. they're nervous about the asset purchase program. they believe holding long-term rates lower longer for a longer period of time is a better way to go. they have to convince financial markets to do the pivot away from the asset purchases to this sort of
>> i mean listen, the idea is obviously the economy gets better the odds of a reduction? asset purchases in december goes up, yields should go up and stocks down in a short term. taking a step back from the fed december meeting, no one thinks as the economy gets better and fed pulls back they're going to be able to thread this needle perfectly and no reaction in risk assets whatsoever. the question is whether or not the reaction is appropriate and more importantly sustainable. once this...
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Dec 6, 2013
12/13
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CNBC
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you have to emphasize that, because the economy's improving. we're going to see, in my view, good earnings growth next year, not just margin expansion at corporate -- on corporate business model. >> sarat is here. his core fund is up more than 30%. welcome back. good to see you. >> thank you. >> how do you now approach the market with tapering getting closer and closer and closer? >> so i think what you gentlemen have been talking about is exactly right. you want to look at companies that are going to grow, not just top line but also the bottom line now. and forget about all of the cost cutting. and where you're going to see, to simon's point, take money off the table, take money off the table that have been fixed income substitutions. these 4%, 5% dividend yielders not growing the payout ratio, trading at 17, 18 times earnings, and you'll find them in the staples, in the other select telecom. you want to move to discretionary, cyclicals, and the industrials, as well. >> it doesn't sound like your investment philosophy is going to change all th
you have to emphasize that, because the economy's improving. we're going to see, in my view, good earnings growth next year, not just margin expansion at corporate -- on corporate business model. >> sarat is here. his core fund is up more than 30%. welcome back. good to see you. >> thank you. >> how do you now approach the market with tapering getting closer and closer and closer? >> so i think what you gentlemen have been talking about is exactly right. you want to look...
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Dec 9, 2013
12/13
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CNBC
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be safe. >>> this might be the best news about the economy you have not heard about. there were more intermodal cars on the rails last month than in any november in history. the association of american railroads reporting more than 1 million containers and trailers on the road last month, up nearly 8% since last november. oil, grains, car, and car parts making up a big part of that volume. >> you're absolutely right. i did not know that. >> you did not. >> i did not. >> now you do. >> i'm glad i have come back to america to learn that. >> this show, this show is all about education. >> it really is. >> and other stuff. >> still ahead, mandy is on the clock. if she had $1,000 to invest where would she put it, gold, market, bitcoin or wine. not for drinking. >> i just -- i want some thinking music at the same time, though. plus, this year's worst ceo is turning out to be a real head scratcher for herb. he is going to tell us why he's having such a hard time when "street signs" returns. americans take care of business. they always have. they always will. that's why you t
be safe. >>> this might be the best news about the economy you have not heard about. there were more intermodal cars on the rails last month than in any november in history. the association of american railroads reporting more than 1 million containers and trailers on the road last month, up nearly 8% since last november. oil, grains, car, and car parts making up a big part of that volume. >> you're absolutely right. i did not know that. >> you did not. >> i did not....
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Dec 5, 2013
12/13
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CNBC
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canada's economy is growing at its fastest pace in the past two years. it's not just the birthplace of gosling, celine and bieber, it may be home to some of the best stocks you've never heard of. cramer reveals the canadian club, just ahead. >>> plus, tequila time. the holidays are here, and that means presents, decorations and lots of booze. americans bought almost $20 billion worth of liquor this year, but could a stiff drink lead to a solid return? cramer gets in the spirit with the founder of avion when he goes off the tape. all coming up on "mad money." >>> don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. and ah, so you can see like right here i can just... you know, check my policy here, add a car, ah speak to customer service, check on a claim...you know, all with the ah, tap of my geico app. oh, that's so cool. well, i would disagree with you but, ah, that would make me
canada's economy is growing at its fastest pace in the past two years. it's not just the birthplace of gosling, celine and bieber, it may be home to some of the best stocks you've never heard of. cramer reveals the canadian club, just ahead. >>> plus, tequila time. the holidays are here, and that means presents, decorations and lots of booze. americans bought almost $20 billion worth of liquor this year, but could a stiff drink lead to a solid return? cramer gets in the spirit with the...
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the market economy. stuart: very typical. you want into your talking points in you have a loud voice, very insistent voice and won't stop. if i interrupt you i am. . >> i am the guests. stuart: i am root of i stop you from giving talking points to our viewers. we don't accept that. we don't accept pre-arranged talking points. we ask questions and ask our guests to answer them. you won't answer question no. one. >> i am answering about the vantage of the exchanges and what is interesting is republicans keep saying we want free market, we bring you free market through the exchange and you find every reason to object to it. stuart: why do you say the policies which i have to choose from or any other person has to choose from, why do you say they are better? why understand is more coverage but who is the judge of what is better? surely the individual. let me go on. i and in america. i thought america was about individual freedom and liberty. it was my choice as an individual to choose what health care i want. you have taken that
the market economy. stuart: very typical. you want into your talking points in you have a loud voice, very insistent voice and won't stop. if i interrupt you i am. . >> i am the guests. stuart: i am root of i stop you from giving talking points to our viewers. we don't accept that. we don't accept pre-arranged talking points. we ask questions and ask our guests to answer them. you won't answer question no. one. >> i am answering about the vantage of the exchanges and what is...
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Dec 6, 2013
12/13
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KPIX
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. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter: instead americans found different ways to cope. in the '70s and '80s, huge numbers of women entered the workplace, partly to boost their family income. in the '90s, americans found themselves working longer hours. when they didn't work, people used their homes as piggy banks or backed out their credit cards. >> and now all of the coping mechanisms are exhausted. people have to face the fact that wages are going nowhere. >> reporter: that hurt the any for all of us. >> if they don't get paid more, they can't turn around and buy stuff. >> reporter: the cost that employers will not cover, that's picked up by you. >> rest of us su
. >> reporter: it's part of a grim larger picture of the economy. >> they are bad jobs, most of them. the jobs that are coming back pay less than the jobs we lost in the great recession. we have a growing army of low- wageworkers. >> reporter: but the story did not start with the recession. it goes back decades. >> starvation of wages and decline, in fact of many people's wage, has been going on since the late 1970s. we didn't really recognize that. >> reporter:...
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Dec 6, 2013
12/13
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CNBC
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economy adding 203,000 jobs. did you nail that number? if you did, you'll be joining carl next to talk about it. we'll bring you today's nail the number winner when "squawk on the street" continues. [ male announcer ] this december, experience the gift of exacting precision and some of the best offers of the year [ ding! ] at the lexus december to remember sales event. this is the put of perfection. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. >>> we do have a winner. this month's winner nailed the number on the head, a guess of 203,000. joining us this morning, brad kinegie joins us on the cnbc news line. congratulations. good to have you with us. >> thank you very much. >> part of it is getting the number right, whi
economy adding 203,000 jobs. did you nail that number? if you did, you'll be joining carl next to talk about it. we'll bring you today's nail the number winner when "squawk on the street" continues. [ male announcer ] this december, experience the gift of exacting precision and some of the best offers of the year [ ding! ] at the lexus december to remember sales event. this is the put of perfection. to help secure retirements and protect financial futures. to help communities recover...
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Dec 6, 2013
12/13
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economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i mean, i think -- >> it was somewhere in between. >> you're talking to somebody who continued embracing marxist policies -- >> but many people thought the country was going to go all the way down, but that didn't happen. and it didn't happen that -- the social needs versus the free market. >> well, you see, i think he came to learn that it's not about balancing the free market versus social needs, that they often converge. >> he said he had to balance the fears of the white population versus the hopes of the black populatio
economy. it is a member of the g-20. it is one of the leading countries and i know guys have put money into that country who made a lot of money there. >> they're considered one of the fragile five, as we call it. so if we start to see tapering -- right. just like indonesia or india. yes. so that's an issue. >> so either the promise was delivered, but neither the catastrophe that was feared happened in that country when it turned over from white minority rule. >> yeah, no. i...
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Dec 9, 2013
12/13
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >> cooper: one of the most extraordinary stories of bravery to emerge from the war in afghanistan began when a four- man navy seal team found themselves badly outnumbered in a long and vicious firefight. only one of the seals survived. his name is marcus luttrell, and tonight, you'll hear his account of a mission that went horribly wrong after he says his unit was surprised by, of all things, some goat herders and their goats. marcus luttrell's three seal teammates weren't the only american casualties in the battle. a chopper with 16 other special operations forces that had rushed to help luttrell and his team was shot out of the sky. everyone on board was killed. at the time, in june 2005, it was the largest loss of life in one day for naval special warfare since world war ii. a former commander of marcus luttrell's, retired vice admiral joe maguire, told us no seal will ever forget that terrible day. was
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >> cooper: one of the most extraordinary stories of bravery to emerge from the war in afghanistan began when a four- man navy seal team found themselves badly outnumbered in a long and vicious firefight. only one of the seals survived. his name is marcus luttrell, and tonight, you'll hear his account of a mission that went...
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Dec 2, 2013
12/13
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looking back you realize how good the economy's recovered. i think m&an is on a long, slow steady improvement and having the people is important and you cannot hire people and go right to a relationship. you have to hire people five, six, seven years ahead of the clients doing a transaction because you have to build trust aenl get to know your clients so the answer is, i think the market will be very good. i think the regulatory environment will pressure people to have one on one relationships with clients undisturbed by the oversight that's meant for balance sheets and i'm not saying it's bad. >> i'm not following you. >> think a lot of oversight in place is to stop massive errors, balance sheet errors. if you have a trillion dollars of derivatives, multiple sites of oversight is important. i think it's in direct contradiction. the most important thing is multikl points of information, transparency where everyone knows when's going on. this is the exact opposite. we sometimes working on a transaction right now where i would say five or six p
looking back you realize how good the economy's recovered. i think m&an is on a long, slow steady improvement and having the people is important and you cannot hire people and go right to a relationship. you have to hire people five, six, seven years ahead of the clients doing a transaction because you have to build trust aenl get to know your clients so the answer is, i think the market will be very good. i think the regulatory environment will pressure people to have one on one...
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Dec 5, 2013
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but the broader economy making some headlines here. gdp revised up to six. there's questions about stockpiling, as well. the ten-year did pick up the 287 off just a touch now. the ecb hold rates steady. our road map this morning, the market, strong gdp claims data putting pressures ahead and sparking more concerns about potential fed tapering. >> apple is in the news for reports ooh a deal to china mobile and carl icahn is revising his call for a share buyback. >> we'll look at the winners and losers in retail. >> wow. >> first up, though, the ten-year notarizing on better than expected economic data, revised third quarter gdp up 3.6 while weekly jobless claims fell below 300k. this all happened on the 17th anniversary of alan greenspan's irrational exuberance speech in 1996. >> how do we know when irrational exuberance has unduly escalated asset values which then become subject to unexpected and prolonged contractions as they have in japan over the past decade. >> that leads us to a good question, jim. last night, you all you did was talk about the data get
but the broader economy making some headlines here. gdp revised up to six. there's questions about stockpiling, as well. the ten-year did pick up the 287 off just a touch now. the ecb hold rates steady. our road map this morning, the market, strong gdp claims data putting pressures ahead and sparking more concerns about potential fed tapering. >> apple is in the news for reports ooh a deal to china mobile and carl icahn is revising his call for a share buyback. >> we'll look at the...
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Dec 6, 2013
12/13
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that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police activity in san jose around almaden and san carlos. streets are blocked in the area. we are trying to figure out what's going on. heads up if you are traveling in the area. let's go outside. here's a live look over at the bay bridge toll plaza. the metering lights were turned on later than typical. so a lot of folks may be taking today off. you will notice if you look closely some flashing lights around the middle of the screen, there is a multicar accident. it sounds like a smaller fender- bender minor injuries. but it is in agore point. traffic is so light no major delays
that's good news overall for the economy. could push the fed towards tapering its bond issues sooner than some people may like but this is good news all the way around. let's look at the market. it is reacting in a positive fashion today. the dow is up 127 points. nasdaq is gaining 27. s&p up by 14. >>> brooks, we thank you. have a great weekend. >>> he practiced. >> i wrote it down. 6:45. let's check the roads. >> reporter: in a quick note we have police...